# How do You Calculate Apr?

The equation for calculating APR, or annual percentage rate, is the loan amount multiplied by the interest rate and then divided by the term of the loan.
How Do You Calculate APR?
APR stands for annual percentage rate. It is a calculation that determines the annual interest you will pay on a loan or a line of credit. Knowing how to calculate APR is a useful skill that can help you determine the amount of interest you will pay. APR... More »
Difficulty: Moderate
Source: www.ehow.com
In order for you to calculate the APR, which is the annual percentage rate, you will need to determine the loan terms, the interest rate, the principal amount, and the additional cost. You can find out more information here: www.mortgagefit.com
Q&A Related to "How do You Calculate Apr?"
 APR, or Annual Percentage Rate is calculated by taking the fixed percentage and multiplying that by the total amount of money borrowed from the bank. Let's say you borrowed \$1000. http://answers.ask.com/Business/Finance/how_to_cal...
 APR, or annual percentage rate, is the total interest rate charged over the course of a year on a loan, credit card or mortgage. The nominal APR is the simple interest rate on the http://www.ehow.com/about_4706675_how-apr-calculat...
 Assuming you mean Annual Percentage Rate, you can find the formula, as well as a handy calculator via the page link, further down this page, listed under Sources and Related links. http://wiki.answers.com/Q/What_is_the_formula_for_...
 1 Read through your credit card agreement to see how your finance charges are calculated. Typically, they're calculated based on a monthly or daily periodic rate, which is in turn http://www.wikihow.com/Calculate-the-APR-on-a-Cred...
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The basic concept of knowing the Annual Percentage Rate on a loan is that it lets you know the cost of the loan. (on a 10% loan you will pay \$10/100) It is not ...